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Amazon.com Inc plans to create at least US$100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.
KUALA LUMPUR: Malaysian companies seeking to become globally competitive should consider investing in New Zealand’s food tourism, dairy farming technology and production of water as the country has lifted most restrictions after reporting no active Covid-19 community cases, said the President of New Zealand Malaysia Business Association (NZMBA), Dave Ananth.
KUALA LUMPUR: Top Glove and Hartalega continued to underpin the FBM KLCI’s advance and keeping the stock market on track for the seventh straight days of gains.
LOCKDOWNS following the deadly spread of coronavirus has dented the demand for many consumer items.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has submitted to the Securities Commission the programmes to sell RM10bil long term 50-year Islamic bonds, as well as short-term, Islamic commercial papers of up to RM2bil.
KUALA LUMPUR: The Employees Provident Fund (EPF) picked Saturna Sdn Bhd, a unit of US-headquartered Saturna Capital Corporation, as the best foreign fund manager for 2019.
TALK about cutting off the nose to spite the face: For a second time, India wants to ban cryptocurrencies.
SAN FRANCISCO: Apple Inc on Monday said it will switch to its own chips for its Mac computers, saying the first machines will ship this year and ending a nearly 15-year reliance on Intel Corp to supply processors for its flagship laptops and desktop.
PETALING JAYA: Flexible packaging manufacturer Daibochi Bhd has recorded a net profit of RM10.83mil on the back of RM151.98mil in revenue for its third quarter ended April 30. There were no comparable figures as the company had changed its financial year-end.